🇮🇳India

NPS vs PPF vs ELSS
Comparison Tool

Compare Section 80C instruments side-by-side. Returns, lock-in, risk, and tax benefits — all in one view.

₹1.00 Cr
NPS @ 10.5%
₹30.0 L invested
₹66.6 L
PPF @ 7.1%
₹30.0 L invested
₹1.37 Cr
ELSS @ 13%
₹30.0 L invested

📋 Feature Comparison

Feature🏛️ NPS🔒 PPF📈 ELSS
Lock-in PeriodUntil 6015 years3 years
Risk LevelModerateZeroHigh
Tax Benefit₹2L (80C + 80CCD)₹1.5L (80C)₹1.5L (80C)
Expected Returns9-12% (market-linked)7.1% (govt-set)12-15% (market-linked)
LiquidityLow — locked till 60Partial from year 7High after 3 years
Annuity Requirement40% must be annuitisedNo requirementNo requirement
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Pro Tip

Most financial planners recommend a mix: ₹50K in NPS (extra ₹50K 80CCD benefit), ₹50K in ELSS (highest growth, shortest lock-in), and the rest in PPF (guaranteed returns, zero risk). This diversifies your tax-saving portfolio across risk levels.

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❓ Frequently Asked Questions

Which is better — NPS, PPF, or ELSS?

It depends on your goals. PPF: guaranteed returns (~7.1%), 15-year lock-in, zero risk. ELSS: market-linked (~12-15% historically), 3-year lock-in, moderate risk. NPS: market-linked (~9-12%), locked until 60, additional ₹50K tax benefit. Most advisors suggest a mix of all three.

How much tax can I save under Section 80C?

Section 80C allows deduction of up to ₹1.5 lakh per year. This includes EPF, PPF, ELSS, NPS (Tier 1), life insurance premium, SCSS, 5-year FD, tuition fees, and home loan principal repayment. At 30% tax bracket, ₹1.5 lakh deduction saves ₹46,800 in tax.

Does NPS have additional tax benefits?

Yes. Beyond the ₹1.5 lakh Section 80C limit, NPS Tier 1 allows additional ₹50,000 deduction under Section 80CCD(1B). This makes the total NPS tax benefit up to ₹2 lakh. At 30% bracket, the extra ₹50K saves another ₹15,600.

What is the lock-in period for each?

PPF: 15 years (partial withdrawal from year 7). ELSS: 3 years (shortest among 80C options). NPS: Until age 60 (partial withdrawal allowed for specific purposes after 3 years). EPF: Until retirement or resignation.